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I thought crypto’s impact on GPUs largely ended, as they moved into far greater cost/efficiency ratios provided by ASICs? Is it for the non-bitcoin cryptos?
by setr 5y ago
I thought crypto’s impact on GPUs largely ended, as they moved into far greater cost/efficiency ratios provided by ASICs? Is it for the non-bitcoin cryptos?
- yurishimo 5y agoFor casual miners, they can use mining pools to make money that still pay pretty well. Gamers especially, are buying these cards and then joining a mining pool when not playing games to recoup some of their money. This unfortunately leads to a cycle of more mining, even if the card isn’t optimized for it, as no card is a net negative cash flow atm even factoring in energy costs.
- wtallis 5y agoYes, bitcoin mining has long been unprofitable on GPUs and is low-profit with ASICs. But most newer cryptocurrencies are designed specifically to be hard to make affordable ASICs for, usually by requiring GPU-like memory bandwidth. If you participate in a mining pool like NiceHash, your GPU will likely end up being put to work mining something like Monero but the pool will pay out in bitcoin.